379 HOLLY Street, Waterloo, Ontario, N2L4G5

For sale

9 days ago

$859K

379 HOLLY Street, Waterloo, Ontario, N2L4G5

3 ba4 pk2,097 ft²

Listed by Royal LePage Peaceland Realty

10 MARSHALL Street, Waterloo, Ontario, N2J2T2

For sale

13 days ago

$760K

10 MARSHALL Street, Waterloo, Ontario, N2J2T2

5 bd2 ba4 pk1,227 ft²

Listed by RE/MAX Real Estate Centre Inc.

8 MARSHALL Street, Waterloo, Ontario, N2J2T2

For sale

13 days ago

$830K

8 MARSHALL Street, Waterloo, Ontario, N2J2T2

5 bd2 ba3 pk1,754 ft²

Listed by Chestnut Park Realty Southwestern Ontario Limited

23 Fir Street, Waterloo, Ontario, N2L3H4

For sale

15 days ago

$1.31M

23 Fir Street, Waterloo, Ontario, N2L3H4

10 bd4 ba4 pk1,750 ft²Lot size 48 × 101 ft (4,829 sq ft)

Listed by RE/MAX REAL ESTATE CENTRE INC.

Investment analysis

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$729,000

Waterloo

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$729,000

For saleJust listed

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81 WILLOW Street, Waterloo - Multi-family for Sale

81 WILLOW Street, Waterloo, Ontario, N2J1W3

3 beds2 baths1,682 ft²Listed Yesterday

Overview

This multi-family property in Waterloo is for sale offering roughly 1,682 sq ft of space. It has been on the market 1 day, fresher than the Waterloo average of 67 days.

Multi-Family Properties for Sale in Waterloo →All real estate in Waterloo →

Description

Downtown Waterloo Home – A Great Investment Opportunity! Prime downtown Waterloo location! This legal non-conforming duplex offers an excellent opportunity for investors, contractors, and those looking to bring their vision to life. Full of the character and charm of an older home, this property is ready for someone with the experience and resources to complete the renovations and unlock its full potential. With a desirable location close to downtown amenities, shopping, restaurants, transit, schools, and more, this property offers strong potential as a rental investment once the work is completed. Whether you're an experienced investor or a contractor looking for your next project, this is an opportunity to create a valuable income-producing property in a highly sought-after area. (id:66096)

Property Details

MLS®: 40876103
Property Type: Multi-family
Zoning: GR2
Bedrooms: 3
Bathrooms: 2
Interior Size: 1,682 ft²
Frontage: 43 ft
Units: 2
Year Built: 1910
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Garage: Open
Ownership: Freehold
Property Tax: $5,891/yr
Listed: Yesterday

Features

Exterior: Brick, Aluminum siding

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Waterloo listings, avg age

67d

Price / ft²

$433

List price

$729K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed multi-family in Waterloo has been listed for 1 day, which is 66 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Royal Lepage Wolle Realty · NANCY HYNES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2J)

This home lists at $729,000, about 9.8× the local median household income of $74,500.

Carrying it typically needs a household income of about $142,399 (20% down, 25-yr amortization, stress-tested) — roughly 91% above the area median.

Median household income: $74,500
Population: 20,899
Median age: 36.8
Owner / renter: 53% / 47%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N2J)

$729,000· $433/ft²

For sale

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Full Cost Breakdown

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Down Payment6.57% · $47,900

Min 6.57%50%

Mortgage payment$3,776/mo

↳ CMHC premium ($27,244 capitalized)

Property tax (est.)$491/mo

Total monthly$4,267

Cash Needed to Close

Down payment (6.57%)$47,900

Land transfer tax$11,055

Est. closing costs$4,687

Total cash needed$63,642

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